binhp
71 posts
msg #52474
- Ignore binhp |
6/24/2007 11:28:57 AM
I am trying code Jeff Copper's 5-day Momentum method buy. Here is my first attempt:
Stochastic(10,5,3) %K < 20
+DI(14) is above -DI(14)
adx(14,14) > 35
Is this correct ?
Thanks,
BP
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kram1056
21 posts
msg #52476
- Ignore kram1056
modified |
6/24/2007 12:35:01 PM
You may want to add a line to include only the 50+ dollar stocks when going long and the 40+ dollar stocks when shorting. I know that is what Jeff recomends for safety. If you want to look at the stocks to short you need to reverse your filter so ADX- is above ADX+. Anyway just my suggestion. Good Luck with your filter.
Also, you may want to add a watchlist like the IBD 100, or stocks with RS above 94 from IBD or something like that.
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simplegolpadia
11 posts
msg #54949
- Ignore simplegolpadia
modified |
9/19/2007 8:11:38 PM
**
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jhar3
23 posts
msg #54991
- Ignore jhar3 |
9/21/2007 8:01:28 AM
i am also trying to write a momentum filter, this is from dave landrys book.for shorts just reverse it. I would like to have the filter check for close from 4 days to seven days. anyone have any other ideas. maybe above 200ma.? clean it up?
Show stocks where high reached a new 2 month high
and Average Volume(90) is above 50000
and close is between 10 and 250
and adx(14)above 30
and +di(14) above -di(14)
and Close has been decreasing over the last 4 days
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maxreturn
745 posts
msg #54993
- Ignore maxreturn
modified |
9/21/2007 8:38:36 AM
jhar, I think you may have misunderstood Landry's filter. I would think that it would be rather difficult to find stocks that today have declined in price for four days and also just made a two month high. Let's try this:
Regards
Max
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jhar3
23 posts
msg #55033
- Ignore jhar3
modified |
9/21/2007 6:56:04 PM
max, I forgot to mention that this is for a simple pullback. It looks for 3 but not more than 7 consecutives lower highs. goes long 1/16 above todays high, i,m still not sure how to write the line.3 but not more than 7 consecutives lower highs.
thanks for the help with this filter.
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